Private equity, venture capital portfolio companies add 7.2% more European jobs in 2022; beat European job creation rate for 5th year running.

Now in its fifth year, Private Equity at Work analyses employment and job creation data going back to 2017, a period that has been one of the most challenging in living memory, marked by pandemic lockdowns, conflict in Ukraine, and rising inflation and interest rates – all against the backdrop of the climate crisis. The report illustrates the compound effect of private equity and venture capital investment on job creation across regions, investment segments, and industry sectors.

• PE and VC-backed companies created 451,511 jobs, a 7.2% increase, beating 2% growth for all European business
• PE and VC-backed companies employed 10.9m in 2022, 5% of European workforce

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